Scrip Dividend Reference Price

RNS Number : 1901I

Good Energy Group PLC

15 June 2017

 

Good Energy Group PLC

("Good Energy" or "the Company")

Scrip Dividend Reference Price

Good Energy confirms that the scrip dividend reference price will be 217.4p per share for the fully paid ordinary shares to be issued to shareholders electing to receive the scrip dividend alternative for the final dividend for the year ended 31 December 2016. Subject to shareholder approval at the AGM on 21 June 2017, the final dividend will be payable on 20 July 2017.

The scrip dividend reference price was calculated from the average of the middle market quotation for an ordinary share in the Company as derived from the Daily Official List of the London Stock Exchange during the period of five dealing days commencing on the ex-dividend date (8 June 2017).

The expected timetable for payment of the final dividend is set out below:

21 June 2017	Annual General Meeting
22 June 2017, 4pm	Final date and time for receipt of forms of election
18 July 2017	Posting of dividend cheques and tax vouchers for cash dividend
20 July 2017	Issue and allotment of new ordinary shares for scrip dividend and admission to trading
20 July 2017	Issue and posting of new share certificates for scrip dividend
20 July 2017	Cash dividend payment date

Shareholders who wish to participate in Good Energy's scrip dividend scheme, but have not yet elected to do so, may complete the Scrip Dividend Mandate online at www.investorcentre.co.uk or obtain a mandate form by contacting the Company's registrar, Computershare, on 0370 707 1154 or via www.investorcentre.co.uk/contactus.

Enquiries:
Good Energy Group PLC	[phone]
Stephen Rosser, Company Secretary
Smithfield Consultants	[phone]
Alex Simmons Brett Jacobs
Arden Partners plc	[phone]
Steve Douglas
Patrick Caulfield
Investec Bank plc	[phone]
Jeremy Ellis
Sara Hale

Notes to Editors:

·     Good Energy is a fast-growing green energy company, generating and selling 100% renewable electricity and green gas to households and businesses across the UK.

·     An AIM-listed PLC, and founder member of the Social Stock Exchange, its purpose is to support change in the energy market, address climate change and boost energy security.

·     The Company has been awarded 4 out of 5 stars by Which? for customer service in 2016 and 2017, and has been voted the best energy company for customer service by users of MoneySavingExpert.com for three consecutive polls.

·     As at 31 December 2016, Good Energy had over 71,400 renewable electricity customers and 44,100 carbon neutral gas customers. It also provides Feed-in Tariff administration services to over 133,000 sites, totalling over 248,500.

·     Good Energy is the owner of Delabole Wind Farm, the UK's first commercial onshore wind farm and owns and operates Hampole Wind Farm, near Doncaster. The Company also owns and operates seven solar farms.

·     Good Energy received an average customer advocacy of 45. A net promoter score is an index ranging from -100 to 100 that measures the willingness of customers to recommend a company's products or services to others. It is used as a proxy for gauging the customer's overall satisfaction with a company's product or service and the customer's loyalty to the brand.

·     Good Energy has won a number of awards, including Renewable Energy Association Company of the Year Award 2016, Business Green Company of the Year 2015, and was named Social Impact Company of the Year at the 2014 and 2015 Small Cap awards.

 

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